Healthcare Accounting Services

Providing accurate, compliant, and efficient financial management for healthcare professionals and organizations. Schedule a free consultation with our team and let’s make things happen!

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Enhancing Healthcare Finances with Accounting Services

At Mehasa, we specialize in tailored outsourced accounting services for the healthcare industry. With over a decade of experience, our expert healthcare accountants navigate the unique financial challenges you face. Whether you run a private practice, oversee an urgent care center, or manage a large healthcare facility, we ensure accuracy in your financial records—so you can focus on providing exceptional patient care.

Compliance

The healthcare industry attracts a lot of attention from the government and is closely inspected for any form of fault or error. It is essential to make sure your medical practice accounting and bookkeeping is compliant to all state as well as federal law and regulation.

Specialisation

An in-house professional accountant might not have experience of medical practice accounting, but what they need to know is how to apply standard costing procedure of the industry. It is crucial for setting a rate for the products and services offered at the organization.

Big data

The healthcare industry deals with voluminous data on a day to day basis. And it is no different for the US medical practices and healthcare industry. It is essential for every medical practice and health care business record these data without any error and missing out on any data.

Who We offer?

We collaborate with healthcare businesses of all sizes, from independent practitioners to large healthcare organizations.

Specialized Accounting Services for Dental Clinics

Streamline your dental practice’s finances with expert accounting solutions. From bookkeeping and payroll to tax compliance and financial reporting, we ensure accuracy and efficiency, allowing you to focus on providing quality patient care.

Specialized Accounting Services for Hospitals & Healthcare Facilities

We provide accurate, compliant, and efficient financial management solutions tailored for hospitals and healthcare facilities. From bookkeeping and payroll to tax compliance and financial reporting, our services help streamline operations so you can focus on delivering exceptional patient care.

Healthcare Accounting Services for Pharmacies

We provide specialized accounting solutions for pharmacies, ensuring accurate bookkeeping, inventory cost management, tax compliance, and financial reporting. Our services help streamline operations, optimize cash flow, and maintain regulatory compliance, allowing you to focus on serving your customers efficiently.

Comprehensive Accounting Services for Medical Practices

At Mehasa Consulting, We offer specialized accounting solutions for medical practices, including bookkeeping, payroll management, tax compliance, and financial reporting. Our services ensure accuracy, efficiency, and regulatory compliance, allowing you to focus on patient care while we handle your financial management.

what makes us different for

Outsourced Healthcare Accounting Services

Productivity

Transform data into growth! Our reports uncover opportunities that drive consistent success and help your business thrive.

Expense

Our in-depth analysis identifies opportunities to reduce costs and increase profit margins, helping you maximize your revenue potential.

Monitoring

We deliver accurate and timely financial reports, empowering you to make informed decisions and ensure smooth business operations.

Flawless

Outsource your accounting to us and remove the complexities of in-house management. From bookkeeping to financial reporting, we handle everything, allowing you to focus on growing your business.

Pricing

Competitive pricing with the assurance of the finest quality delivery

Qualified

With over five years of experience in healthcare accounting, we expertly handle the industry's complex financial requirements with precision and compliance.

Your Trusted Ally in Achieving Excellence in Healthcare Accounting Services

Frequently Asked Questions (FAQs)

1. What is healthcare accounting?

Healthcare accounting is a branch of a healthcare organization’s financial management and is similar to other professional accounting processes with some exceptions. It deals with the accounting functions of a healthcare organization or doctors. It includes managing all the financial functions related to patients and healthcare providers, and accounting involves some complex healthcare-associated layers of these functions. These layers represent multiple parties associated with health care, such as patients, insurance companies, healthcare providers, pharmaceutical companies, and government agencies. Each of these parties has its accounting processes, and sometimes these processes are also combined.

2. What makes healthcare accounting unique?

Basic accounting functions for every profession include revenue tracking and managing cash flow. However, there are some additional features in healthcare accounting that make it unique such as:
• Managing accounts receivables reserves set up as per government standards.
• Capital investments in medical facilities and high-tech equipment to provide quality services
• Following the correct valuation methods and procedures for the services provided
• Compliance with government laws to claim tax exemptions
Healthcare involves numerous components, making it complicated for an accountant to manage each detail. So, healthcare accountants also have to manage complex layers of economic components related to patient payments like government programs, private insurance, etc.

3. How much does it cost to hire a healthcare accountant?

The cost of hiring a healthcare accountant is affected by several factors, such as their education and experience, size of the organization, and geographical location. It also varies based on the way used to get the accounting done. There are two ways to get healthcare accountant services, in-house accounting or outsourcing the services. In-house accountants get the salary of a permanent employee as per the industry standards. In the case of outsourcing, payments are usually made on an hourly basis after considering the type and amount of consultation asked. The average cost of hiring a healthcare accountant is $25 to $35 per hour.

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Trusted Accounting Partner

Our clients love working with us, just read what they have to say!

Mehasa has changed the way we manage our finances. Our financial management has been successful because of their on-time and timely presence. I highly recommend their financial services!

John Peterson

Keeping our books is a pain, but Mehasa’s accounting team did a great job. Their expertise and problem-solving skills are commendable.

EmaRodriguez

Mehasa saved us 50% in accounting expenses. We really love the way you help startups reduce costs.

Sarah

Switching to Mehasa is Quick and Secure!

Making the move to a new accounting partner may seem intimidating. Mehasa Consulting facilitates a smooth and easy transition. We help you every step of the way, making sure your firm doesn’t suffer any disruptions throughout the changeover. Let us handle your accounting requirements so you can concentrate on your main skills.